📈 CAL Secures Rs. 3.6 Bn via Related Party Short-Term Borrowings

Capital Alliance PLC (CAL) has entered into related-party commercial paper borrowings totaling Rs. 3.6 billion from two affiliated unit trust funds within its group ecosystem to boost its short-term liquidity position. • Overall Figures: Total funding of Rs. 3.6 billion raised at an annual interest rate of 10%, with all facilities maturing on 12 June 2026. • Breakdown by Fund: Borrowed Rs. 2.1 billion from the CAL Fixed Income Opportunities Fund (FIOF) and Rs. 1.5 billion from the CAL Five Year Closed End Fund (FYCEF). • Transaction Nature: Short-term financing instrument utilized instead of external market lenders, strengthening immediate working capital. • Governance & Compliance: The group's Related Party Transactions Review Committee confirmed the transactions were conducted on normal commercial terms and were not prejudicial to minority shareholders, opting out of an independent expert opinion.